KOTRA INDUSTRIES BERHAD
Malaysia | 0002.KL | Main
Reference
Report Year: 2024
Source Files: KOTRA_-_Annual_Report_2024.pdf
Sustainability Committee
Sustainability Governance Structure 🟢
- Board oversight 🟢
- Audit Committee monitoring 🟢
Reporting
Bursa Malaysia Guide, UN SDGs, TCFD (planned), Integrated Report 🟢
GHG Accounting
KOTRA Industries Berhad's GHG accounting efforts are currently underdeveloped. The 2024 report lacks data on Scope 1, 2, and 3 emissions, despite disclosing energy consumption (10,961.14 MWh). No base year, emission boundaries, or GWP basis are specified, and there is no mention of adherence to standards like GHG Protocol. A critical gap is the absence of third-party verification, as the report confirms no external assurance. While the company plans to align with TCFD for climate disclosures, current reporting on emissions is minimal. Improvements needed include establishing a baseline for emissions, defining boundaries, adopting recognized standards, and engaging third-party verification to enhance credibility and transparency in GHG accounting.
Emissions
| Scope | Value | Note |
|---|---|---|
| Scope1 | Not reported ⚠️ | No data on Scope 1 emissions provided. |
| Scope2 | Not reported ⚠️ | No data on Scope 2 emissions provided, despite energy consumption data (10,961.14 MWh in 2024). |
| Scope3 | Not reported ⚠️ | No data on Scope 3 emissions provided. |
| Biogenic emissions | Not applicable → | No biomass or biofuel usage reported. |
Other Details
- Base year: Not specified ⚠️
- Boundary inventory: Not specified ⚠️
- Gwp basis: Not specified ⚠️
- Standard: Not specified ⚠️
- Data collection approach: Not specified ⚠️
- Third party verification: Not verified ⚠️
- Carbon intensity: Not reported ⚠️
Efforts
- Solar energy: 827.30 MWh 🌞
- Waste reduced by 31% 🟢
- LED lighting adopted 🌱
- Local sourcing for lower emissions 🚚
Social Highlights
- 539 employees trained on safety 🟢
- RM139,181 for community support 🥗
- 123 new hires, 33 interns 🟢
- 22,126 training hours 🟢
- 66 beneficiaries supported 🥗
Governance
- Salary disclosure: Can’t find ⚠️
- Litigation: Can’t find ⚠️
Report Quality
Commendable efforts in certain areas are evident in KOTRA Industries Berhad’s 2024 sustainability report 🟢. The report provides detailed metrics on energy consumption (10,961.14 MWh), waste reduction (31% decrease), and social initiatives (RM139,181 invested), showcasing a commitment to quantifiable actions. However, significant gaps exist, particularly in GHG emissions reporting, with no data on Scope 1, 2, or 3 emissions despite energy usage disclosure ⚠️. The lack of third-party verification further undermines credibility. While forward-looking commitments like TCFD alignment are mentioned, many statements remain generic, such as 'commitment to sustainability,' without measurable outcomes. To improve, the company should prioritize comprehensive GHG accounting, establish clear targets, and engage external assurance for data validation. Overall, the report offers a foundation but needs deeper specificity and rigor to meet best practices.
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